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4332 Lockwood Ave, Los Angeles, CA 90029
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4332 Lockwood Ave Los Angeles, CA 90029

$1,795,000
  • 10 Beds
  • 10 Baths
  • 5,360 Sq.Ft.
For Sale
$1,795,000 Get Pre-Qualified
Map preview of 4332 Lockwood Ave, Los Angeles, CA 90029

Property Overview: 4332 Lockwood Ave Los Angeles, CA has 10 bedrooms, 10 bathrooms, 5,360 living square feet and 9,302 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Drive-By Only, Do Not Disturb Residents, Interior viewing following accepted offer.

Listed by Rich Johns | BRE #01432215 | KW Commercial Studio City
Last checked: 10 minutes ago | Last updated: May 9th, 2024 | Source CRMLS | DOM: 139
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Home details

Lot Sq. Ft
9,302
HOA Dues
$0/mo
Year built
1924
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24386535
City
Los Angeles
County
Los Angeles
Time on Site
149 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 3
  • # of Leased Units: 9
  • # of Electric Meters: 10
  • # of Gas Meters: 10
Unit Breakdown 1
  • # of Units: 10
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $809
  • Total Rent: $8,099
  • Pro Forma/Market Rent: $22,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 0
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 4332 Lockwood Ave

No upcoming open houses

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Property Details for 4332 Lockwood Ave

Interior Features
Cooling Information
  • Has Cooling
  • Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Floor Furnace, Gravity, Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
  • Security Features: Gated Community
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 10
  • Parcel Number: 5539008008
  • Year Built Source: Assessor
  • Architectural Style: Bungalow
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: North of Melrose Avenue / South of Santa Monica Blvd.
View more facts & features

Local Los Angeles Agent

Sale History for 4332 Lockwood Ave

Last sold on June 6th, 2019

  • May, 2024

  • May 1, 2024

    Date

    Active

    CRMLS: 24386535

    $1,795,000

    Price

  • December, 2020

  • Dec 14, 2020

    Date

    Canceled

    CRMLS: 20628702

    $2,350,000

    Price

  • Sep 18, 2020

    Date

    Price Change

    CRMLS: 20628702

    $2,350,000

    Price

  • Sep 5, 2020

    Date

    Active

    CRMLS: 20628702

    $2,400,000

    Price

  • Listing provided courtesy of CRMLS

    4332 Lockwood Avenue is a 10-unit courtyard style apartment community located in a densely populated rental submarket known for excellent rent growth and low vacancy rates - The asset has NOT undergone a meaningful renovation - Similar renovated One Bedroom units in the immediate area achieve rental rates upwards of $3.50 per square foot vs. $1.17 per square foot being collected currently, thus providing approx. a 200% increase in rental potential as units become vacant.

  • April, 2020

  • Apr 3, 2020

    Date

    Canceled

    CRMLS: 20552924

    $2,500,000

    Price

  • Feb 11, 2020

    Date

    Active

    CRMLS: 20552924

    $2,500,000

    Price

  • Listing provided courtesy of CRMLS

    4332 Lockwood Avenue is a 10-unit courtyard style apartment community located in a densely populated rental submarket known for excellent rent growth and low vacancy rates - The asset has NOT undergone a meaningful renovation - Similar renovated One Bedroom units in the immediate area achieve rental rates upwards of $3.50 per square foot vs. $1.17 per square foot being collected currently, thus providing approx. a 200% increase in rental potential as units become vacant.

  • June, 2019

  • Jun 6, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

  • May, 2019

  • May 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,575,000

    Price

Show More

Tax History for 4332 Lockwood Ave

Assessed Value (2020): $1,607,400
Year Land Value Improved Value Assessed Value
2020 $918,000 $689,400 $1,607,400

Home Value Compared to the Market

This property vs the competition

4332 Lockwood Ave is listed 49.58% higher than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $771 and this home is listed at $334.89 per/sqft which puts the price per square foot 56.56% lower than the median price per square foot for the city of Los Angeles.

About 4332 Lockwood Ave

Detailed summary of property

4332 Lockwood Ave is a multi family located in Los Angeles, CA 90029 and is currently for sale. This multi family property offers 10 bedrooms, 10 bathrooms, roughly 5,360 living square feet, and sits on an approximately 9,302 square foot lot. 4332 Lockwood Ave was first listed on ArdentRealEstateGroup.com on May 1, 2024. The homeowner is currently asking $1,795,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $771. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 49.58% higher than the median priced home. Local competing homes currently for sale include 1216 N Mariposa Ave, 1417 N Kenmore Ave and 4444 Prospect Ave. While the average home in Los Angeles, CA is selling in 106 days, 4332 Lockwood Ave has a days on market of 139 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 4332 Lockwood Ave Los Angeles, CA 90029 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 4332 Lockwood Ave

Public county record property details
Beds
10
Baths
10
Year built
1924
Sq. Ft.
5,360
Lot Size
9,299
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
169
APN
5539-008-008

The source for these homes facts are from public records.

90029 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$1,058,000
Median List Price/Sq.Ft.
$705
Median Sold Price
$672,500
Median Sold Price/Sq.Ft.
$724
Total Inventory
37
Median Sale to List Price %
105.24%
Avg Days on Market
16
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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